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GCCI says ‘overwhelming’ number of infrastructure, other work being handled by foreign-owned companies

Guyanese private sector body, the Georgetown Chamber of Commerce and Industry (GCCI) on Friday renewed its call for the government to table legislation covering local content but stressed for this to be done before the end of 2021. In a...

Access to finance a key hurdle for Guyanese companies looking to secure big contracts in oil & gas – Dr. Gaskin-Peters

Several local companies which have acquired the necessary capabilities through training and obtained the relevant health and safety certifications are still facing a proverbial brick wall when trying to access oil sector contracts. The hurdle that now stands in...

Upcoming oil conference will strengthen Guyana’s recognition as emerging oil & gas leader – Bharrat

Guyana’s Ministry of Natural Resources said on Wednesday it welcomes the International Energy Conference and Expo and is pleased to be associated with the event slated for February 15 -18, 2022, at the Arthur Chung Conference Centre, on the...

Fugro completes one of its largest geohazard programmes in the region at Block 58

Fugro has finalised fieldwork on a site investigation programme for TotalEnergies off the north-west coast of Paramaribo in Block 58 of the Guyana-Suriname Basin. The project sits approximately 150 km offshore in water depths ranging from 60 m to 2100...

Guyana can become a regional source for expertise in oil and gas – Exxon Production Manager

Guyana, virtually unknown in the global oil and gas industry just 6 years ago, is now a much talked about up-and-coming oil producer who by the end of the decade will be among the top players in the Latin...

Schlumberger, Halliburton, Baker Hughes among major companies moving services to Guyana – Exxon

A growing number of companies operating in Guyana’s oil and gas industry are moving more of their supply operations from Trinidad and Tobago and other locations to the South American country, as local capacity to execute projects increase. ExxonMobil Guyana...

Oilfield services company, ChampionX, opens Guyana storage facility

A new storage facility to service Guyana’s growing oil and gas industry was opened at McDoom on the East Bank of Demerara, on Thursday. ChampionX, a contractor of ExxonMobil Guyana, said it is committed to operating in a manner...

GEC-X attracting major support among Guyanese business groups, other partners

In a show of overwhelming support, the Georgetown Chamber of Commerce and Industry (GCCI), on Thursday signed several Memoranda of Understanding (MoU) with the Guyana Oil and Gas Energy Chamber (GOGEC); Women’s Chamber of Commerce and Industry Guyana (WCCIG);...

Exxon moving almost all supply work from T&T to Guyana by 2022 – Routledge

As local capacity in Guyana continues to increase, ExxonMobil says more services are being moved from Trinidad and Tobago to the South American country, where it is the operator of the Stabroek, Kaieteur and Canje Blocks. In a recent interview...

DP World expands investment in Suriname

In line with the company’s strategic objectives in the oil and gas sector, DP World said it has made the commitment to develop a comprehensive Offshore Support Base in Suriname to provide the required highly specialized, integrated end to...

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Zero routine flaring systems standard on Guyana’s FPSOs, cutting emissions through gas reinjection

Systems to prevent routine flaring are standard across major offshore developments in Guyana. Integrated systems on floating production, storage,...